Chasing hot topics every day, running around with the project team, staying up late every day, studying the narrative stories customized for you by the project team, scratching the surface, looking like you are studying hard, but in fact, most of what you see is just a narrative to brainwash you.

As #投机者 (it can only be speculation in the currency circle), understanding narrative is the beginning of becoming smarter.

Whether it is investment research reports or various types of news, you can only read them as stories, and the accuracy may not even reach 10%. Because of this, those who make investments based on the words of KOLs are equivalent to blind people trying to figure out the elephant. Look at the ancestral graves.

If you don’t understand a project yourself and you need someone else to explain it to you, who will lose money if you don’t lose money?

Many seemingly lofty concepts are real, and can they be put into practice? Does it meet the current market demand?

Such outrageous theories as "Bitcoin replaces fiat currency", "Bitcoin is digital gold", "Ethereum is an innovation of human civilization", are the people in the currency circle making obscene remarks, or are the project developers deceiving?

If you lack the most basic ability to identify information, you are destined to live in a world where you are psychologically massaged by scammers every day.

The current mainstream view in the financial industry is that Bitcoin and its like have no resistance to inflation at all, and the only remaining value is the illegal transaction of equivalents. Although this view is a bit too pessimistic, it is indeed the mainstream view in the current financial industry.

The urgent need in the currency circle is #赌场和投机 , which is #旁氏和资金盘， . Remember, this is the key point, everything else is just a wedding dress, a blinding trick, and seeing may not be true.

Once you know that the main needs of the currency circle are casinos and speculation, you will understand that competition in a certain track in the currency circle has never been determined solely by technology. For example, in the current Bitcoin ecosystem, how many protocols are claimed to be better than ordinals, and how many protocols are claimed to be better than Ordinals. Ordinals are more reasonable, but unfortunately these respective abilities will eventually become the wedding dress for the leader, and the start is a foregone conclusion.

Just like $SHIB back then, how many "empowering" coins are there in its ecosystem, and which one has a market value that has risen to 10% of $SHIB?